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CHAPTER VI. ANALYSIS OF STATE AND <br /> FEDERAL LEGISLATION <br /> <br />FEDERAL LEGISLATION <br /> <br /> August 22, 1974 marked the signing of one of the more significant pieces <br />of legislation affectin~ community development adopted in the last decade· <br />The adopted legislation is on eight-title omnibus bill of about 120 pages, <br />encompassing subject matter ranging from a comprehensive community <br />development program and major reforms in federally-assisted housing and <br />comprehensive planning to new standards for mobile home construction and <br />new flexibility in housing credit. The dollar figure for the new authorizations <br />under the act totals 11.9 billion dollars. <br /> <br /> Basically speaking the primary purpose of the act is the "development <br />of viable urban communities by providing decent housing and a suitable living <br />environment and expanding economic opportunities principally for persons <br />of low and moderate-incomes. This objective is to be achieved through the <br />elimination of slums and blight and detrimental living conditions, conserva- <br />tion and expansion of housing and housing opportunities, increased public <br />services, improvide use of land, increased neighborhood diversity, and <br />preserva'tion of property with special values." In addition, of primary <br />importance of the new act will'be the further development of a national <br />growth policy h3 consolidating certain programs into a system which <br />(1) provides assistance annually with maximum certainty and minimum delay. <br />(2) encourages community development activities consistent with local and <br />areawide planning, (3) furthers a6hievement of the national housing goal. <br />and (4) provides for coordinated and mutually supportive housing and <br />community development activities." <br /> <br />The new act as passed contains eight titles as follows: <br /> <br />Community Development <br />Assisted Housing <br />Mortgage Credit Assistance <br />Comprehensive Planning <br />Rural Housing <br />Mobile Home Construction and <br />Safety Standards <br />Consumer Home Mortgage <br /> Assistance <br />and Miscellaneous <br /> <br />(Title I) <br />(Title II) <br />(Title III) <br />(Title IV) <br />(Title V) <br /> <br />(Title VI) <br />(Title VII) <br /> <br />(Title VIII) <br /> <br />000100 <br /> <br /> <br />